Bank of America, Citigroup trim investing banking headcount in Asia

Bank of America, Citigroup trim investing banking headcount in Asia

A customer enters a Bank of America Corp. financial center in Miami, Florida, U.S., on Thursday, Jan. 5, 2017. Photographer: Scott McIntyre/Bloomberg

Bank of America and Citigroup have cut some investment banking jobs in Asia, people familiar with the matter told Reuters, joining global peers in paring headcount as China dealmaking slows.